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Regional bourses enter cyclical downturn

Was this the week that the Middle East's stock markets entered a cyclical downturn? All the major markets lost money with Egypt's Case 30 index registering the largest fall of 7.4 per cent to end the week at 8,223 points. The index has now lost 31 per cent of its value since its peak of 11,935 points on 5 May.

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